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The Washington Post Wednesday, July 25, 2012
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Business
N.Y. Fed quiet on Barclays' admission of rigging Libor

Treasury Secretary Timothy F. Geithner has said that he sounded the alarm four years ago to regulators about problems with the benchmark interest rate known as Libor.

But Geithner, who was then head of the Federal Reserve Bank of New York, did not communicate in key meetings with top regulators that British bank Barclays had admitted to Fed staffers that it was rigging Libor, according to people familiar with the matter.

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(Jia Lynn Yang, Danielle Douglas)

Reliance on imports leaves U.S. vulnerable to disasters, report says

An increasing reliance on imports, combined with the fraying of the nation's power grid, highways and rail lines, leaves the United States more vulnerable to the damage of natural disasters and terrorist attacks, according to a report to be released Wednesday by former homeland security secretary Tom Ridge.

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(Peter Whoriskey)

CBO: Court ruling cuts cost of health-care law, but leaves 3 million more uninsured

President Obama's signature health-care initiative will cost a bit less than expected as a result of last month's Supreme Court ruling, but the decision is also likely to leave millions more people without access to insurance, congressional budget analysts said Tuesday.

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(Lori Montgomery)

Google, E.U. near deal in antitrust probe

Google is nearing a deal with the European Union that could resolve the antitrust investigation there, potentially lifting a significant legal cloud over the American search giant in one of its most important markets, officials said Tuesday.

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(Craig Timberg)

Sides trade barbs on eve of Senate tax-cut vote

Vice President Biden seized the stage Tuesday in an ongoing election-year drama over taxes, arguing that Republicans would rather raise rates for 114 million middle-class families than give up massive tax breaks for the wealthy few.

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(Lori Montgomery)

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